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Article
Central Bank Insurance Newsletter Highlights 2025 Supervisory Priorities
The Newsletter contains several important updates for Irish (re)insurers, including the Central Bank's supervisory priorities for 2025 and its revised guidance on outsourcing.
IrelandInsurance
William Fry LLP
Article
Data Protection Commissioner Annual Report 2012
The Report emphasises the growing significance of data protection in relation to the sharing of data in the public sector. It stresses the importance for insurers and other entities controlling personal data to clearly specify the purposes for holding such data on the Data Protection Commissioner’s Register.
IrelandInsurance
Matheson

"Dear CEO" Letter On Consumer Protection Risk Management Frameworks In Insurance Firms: What Insurers Should Do

The Central Bank of Ireland (CBI) has recently issued a "Dear CEO" letter to the insurance industry, detailing the findings from a targeted Consumer Protection Risk Assessment (CPRA)...

IrelandInsurance

EIOPA's Supervisory Statement On The Supervision Of Run-Off Undertakings

On 8 July 2021, the European Insurance and Occupational Pensions Authority (EIOPA) published its draft Supervisory Statement on Supervision of Run-Off Undertakings (Paper).

IrelandInsurance

William Fry LLP

EIOPA Issues Solvency II Technical Specification

A summary of the revised technical specifications for the Solvency II valuation and Solvency Capital Requirements calculations.

IrelandInsurance

Financial Services Ombudsman Reports On Insurance Complaints Trends In 2013

Fifty percent of complaints made to the Financial Services Ombudsman in 2013 related to insurance, but only 5% of insurance-related complaints were upheld.

IrelandInsurance

From Deductible To Recoverable: The Recoverable Benefits And Assistance Scheme

The Department of Social Protection has confirmed that the recoverable benefits and assistance scheme (the ‘RBA’) will come into effect on 1 August 2014.

IrelandInsurance

Mason Hayes & Curran LLP

Legal News - January 25

Here is a selection of our recent publications.

IrelandInsurance

William Fry LLP

New Insurance Legislation Signed Into Law

The Insurance (Miscellaneous Provisions) Bill 2022 ("the Bill") was signed into law by President Michael D. Higgins on 27 June 2022 as the Insurance (Miscellaneous Provisions) Act 2022 ("the Act").

IrelandInsurance

Solvency II Update - Latest Timelines

Directive 2012/23/EU of the European Parliament and of the Council of 12 September 2012 ("Directive 2012/23/EU") amends the Solvency II Directive in respect of the date for its transposition, the date of its application and the date of repeal of certain existing insurance and reinsurance Directives.

IrelandInsurance

The High Court Rules On Covid-19 Business Interruption Claim By The Clarence Hotel

In a recent judgment, the High Court has ruled that a hotel is not covered for losses from the Covid-19 pandemic under their business interruption insurance policy with AXA.

IrelandInsurance

UK Law Change To Have Major Impact On Irish Insurance Industry

The insurance market in Ireland is facing a significant impact when in August of this year the UK implements the Insurance Act 2015.

IrelandInsurance

Further High Court Judgments On Consent Settlement Orders In Personal Injury Cases

Two recent judgments of the High Court have departed from the views on consent settlement orders in personal injury actions articulated by Mr Justice Twomey in Kuczack v Tracey Tyres...

IrelandLitigation, Mediation & Arbitration

High Court Rejects Defence Of Frustration In Claim For Rent Arrears

The plaintiff, Kenneth Treacy (Mr Treacy), was landlord and owner of 45 Oliver Plunkett Street, Cork and the ground floor of 9 Marlboro Street, Cork (Premises).

IrelandLitigation, Mediation & Arbitration

William Fry LLP

Central Bank Of Ireland Reviews Public Consultation Framework

The launch of this consultation forms part of the Central Bank’s efforts to improve the efficacy and efficiency of its regulatory activities. It builds on the Central Bank’s recently published ‘Our Approach...

IrelandInsurance

William Fry LLP

Clarity For Insurers Seeking To Join Proceedings

The April 2018 decision of Bin Sun v Jason Price(1) provides a useful summary of the circumstances in which a party can be joined as co-defendant against the wishes of the plaintiff.

IrelandInsurance

Insurers Must Pay Costs Of Coming Off Record

A recent decision of the High Court provides some insight as to the extent to which an insurer may be liable to pay costs when it instructs its solicitors to come off record for an insured

IrelandInsurance

Tenant Fit-Out Works And Insurance – Are You Aware Of The Risks?

Where a tenant proposes to carry out fit-out works on a leased premises, it is crucial that the tenant seek specialist insurance advice before carrying out those fit-out works.

IrelandReal Estate and Construction

William Fry LLP

Key Changes To Legislation Governing Life Insurers

The European Communities (Life Assurance) Framework (Amendment) Regulations 2011 (the "Amendment Regulations") are designed to give further effect to the provisions of Directive 2002/83/EC (the "Life Insurance Directive").

European UnionInsurance

Key Judgment Considers Treatment Of Insurance Policies And Claims In Liquidation

CBL Insurance Europe DAC (In Liquidation) (the Company) was previously authorised by the Central Bank of Ireland (the Central Bank) to write certain classes of non-life insurance.

European UnionInsurance

William Fry LLP

Showing 401–420 of 971 results

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